strategic direction , page-20

Surandy70,

A few $M in the bank for an oil gas exploration company is simply not enough regardless of work commitments. Delays, weak markets or dry wells would put the company in a seriously weaker position to raise cash after any of these events.

I made the same comments on NWE and many other stocks.

This is pretty basic stuff....

KEY management need to maintain leverage to the Canning basin to really build a new company.